First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) Stock Holdings Lessened by Sigma Planning Corp

Sigma Planning Corp lowered its stake in First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) by 49.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,505 shares of the company’s stock after selling 20,174 shares during the period. Sigma Planning Corp’s holdings in First Trust Ultra Short Duration Municipal ETF were worth $411,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the stock. White Wing Wealth Management acquired a new stake in First Trust Ultra Short Duration Municipal ETF during the 4th quarter valued at $1,239,000. Nilsine Partners LLC raised its stake in First Trust Ultra Short Duration Municipal ETF by 0.9% during the 4th quarter. Nilsine Partners LLC now owns 201,894 shares of the company’s stock valued at $4,050,000 after purchasing an additional 1,746 shares during the period. Total Clarity Wealth Management Inc. acquired a new stake in First Trust Ultra Short Duration Municipal ETF during the 4th quarter valued at $360,000. Gradient Investments LLC raised its stake in First Trust Ultra Short Duration Municipal ETF by 5.2% during the 4th quarter. Gradient Investments LLC now owns 10,163 shares of the company’s stock valued at $204,000 after purchasing an additional 502 shares during the period. Finally, Hobart Private Capital LLC acquired a new stake in First Trust Ultra Short Duration Municipal ETF during the 4th quarter valued at $219,000.

First Trust Ultra Short Duration Municipal ETF Price Performance

Shares of NYSEARCA:FUMB opened at $20.03 on Friday. The company’s fifty day moving average is $20.06 and its two-hundred day moving average is $20.04. First Trust Ultra Short Duration Municipal ETF has a 12-month low of $19.88 and a 12-month high of $20.13.

First Trust Ultra Short Duration Municipal ETF Company Profile

The First Trust Ultra Short Duration Municipal ETF (FUMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of US municipal debt with a targeted portfolio duration of less than one year. The fund seeks tax-exempt income and capital preservation.